What Should Parents Budget for College Expenses Outside of Their Fully Funded 529s?Budgeting for college extends beyond tuition, requiring consideration of additional costs like supplies, travel, and technology.
I maxed out my kids 529s and now there's a good chance they aren't even going to go to school - am I stuck?Parents might be worried if their child shows no interest in college despite 529 savings, but there are alternatives to utilize those funds.
I want to set my great-grandkids up for success in 70 years - what steps should I take today?Planning for multiple generations can yield significant financial growth over time.Concentrating investments on a few high-potential options may be more effective than diversifying too much.
My father-in-law wants to start gifting money to my children - which account should he use to avoid future headaches?Managing family finances often complicates relationships, especially when it involves trusts or college funds.Different family members may have conflicting ideas about financial decisions, affecting trust and control.
4 Situations Where It Doesn't Make Sense to Open a 529 Education Savings AccountA 529 plan offers tax-free savings for education but may not be right for every child depending on their future plans.
What Should Parents Budget for College Expenses Outside of Their Fully Funded 529s?Budgeting for college extends beyond tuition, requiring consideration of additional costs like supplies, travel, and technology.
I maxed out my kids 529s and now there's a good chance they aren't even going to go to school - am I stuck?Parents might be worried if their child shows no interest in college despite 529 savings, but there are alternatives to utilize those funds.
I want to set my great-grandkids up for success in 70 years - what steps should I take today?Planning for multiple generations can yield significant financial growth over time.Concentrating investments on a few high-potential options may be more effective than diversifying too much.
My father-in-law wants to start gifting money to my children - which account should he use to avoid future headaches?Managing family finances often complicates relationships, especially when it involves trusts or college funds.Different family members may have conflicting ideas about financial decisions, affecting trust and control.
4 Situations Where It Doesn't Make Sense to Open a 529 Education Savings AccountA 529 plan offers tax-free savings for education but may not be right for every child depending on their future plans.
My generous parents want to help save an pay for my children's college - is it better for parents or grandparents to own the 529 plan?Complex rules surrounding 529 plans can complicate financial aid processes for families saving for college.
We have a newborn baby and we want to get a jumpstart on college - should we start a 529 or brokage account?529 plans can provide substantial tax benefits, particularly in Indiana, making them a strong saving option for college education.
My generous parents want to help save an pay for my children's college - is it better for parents or grandparents to own the 529 plan?Complex rules surrounding 529 plans can complicate financial aid processes for families saving for college.
We have a newborn baby and we want to get a jumpstart on college - should we start a 529 or brokage account?529 plans can provide substantial tax benefits, particularly in Indiana, making them a strong saving option for college education.
I'm a mom of 5. We are making a lot of sacrifices as a family to keep them out of debt as they get older.Prioritizing financial education and discipline in spending is essential for securing a better future for children.
I want to set aside $300k for my two small children - is a 529 the best way to go?529 plans are underutilized despite their tax advantages and education savings focus.Choosing between passive and managed 529 plans involves significant financial considerations.High contributions may lock substantial capital and pose funding risks.